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1. UBL stake sale yields $387m
(Highlights/Business News)
... pc stake in the bank consists of 241m shares, for which the floor price was fixed at Rs155. However, it closed at Rs158 as investors entered the book-building process. Mr Zubair explained that  ...
Monday, 16 June 2014
2. Uncertainty prevails in currency market
(Highlights/Business News)
... d the rate was almost same around Rs99 and closed at Rs99.02. However, the rate may see a vital change on Tuesday since higher inflows are expected due to opening of New York from where overseas transactio ...
Tuesday, 18 March 2014
3. Stocks close lower; rupee gains against USD
(Highlights/Business News)
KARACHI: Pakistan's main stock exchange closed lower on Wednesday, with the benchmark 100-share index of the Karachi Stock Exchange falling 0.23 per cent, or 59.11 points to 25,500.50. The ...
Thursday, 27 February 2014
...  In Tokyo the benchmark Nikkei-225 index fell 0.19 per cent, or 27.99 points, to close at 14,837.68. Seoul lost 0.45 per cent, or 8.78 points, to end at 1,949.05 and Sydney closed a marginal 0.03 ...
Monday, 24 February 2014
5. Pakistani stocks end higher; rupee weakens
(Highlights/Business News)
KARACHI: Pakistan's main stock exchange closed higher on Friday, with the benchmark 100-share index of the Karachi Stock Exchange rising 0.38 per cent, or 96.55 points to 25,603.35. The slight ...
Saturday, 22 February 2014
...  billion for next two years. He disclosed that the commerce ministry has already submitted a detailed plan with the Federal Board of Revenue (FBR) for the revision in duties and tariffs to be mad ...
Saturday, 22 February 2014
7. Bearish spell continues on stock market
(Highlights/Business News)
... the market remained volatile and closed in red as the uncertainty pertaining to talks with Taliban continued to affect the market sentiment. FCCL announced a cash dividend of Rs0.75/share and BAHL ...
Wednesday, 19 February 2014
8. Stocks extend overnight losses
(Highlights/Business News)
Wednesday, 12 February 2014
9. KSE 100-index hits new peak of 26,761
(Highlights/Business News)
... rs pinned hopes on increase in OMCs margin in the upcoming ECC meeting next week. OGDC closed up 0.2pc, PSO closed up 0.4pc and PPL rose 0.4pc. Insurance sector outperformed the market on Wednesd ...
Thursday, 16 January 2014
10. Bull run continues on stock market
(Highlights/Business News)
... out of 18 listed companies nine closed in green while three remained unchanged. Cement sector contributed 29pc to the total volume. Ahsan Mehanti, analyst at Arif Habib Corp said that the stocks closed ...
Thursday, 09 January 2014
Tuesday, 31 December 2013
KARACHI: Bulls gave in to bull squeeze in the second session on Friday, so that the KSE-100 index closed down by 111.98 points at 25,258.05. Although participation improved as trading value rose ...
Saturday, 28 December 2013
13. Stocks turn in flat performance
(Highlights/Business News)
KARACHI: The stock market was choppy on Thursday as investor participation continued to dwindle with the end of the year approaching. The KSE-100 index closed flat, with an upside by mere 3.34 points ...
Saturday, 28 December 2013
14. CNG price reduced on court order
(Highlights/Business News)
... in Punjab has already been stopped for two months and for Sindh two days a week. The CNG stations in Khyber Pakhtunkhwa may remain closed for one day a week, most likely from next week. The situation in ...
Wednesday, 18 December 2013
15. Stocks close above 25,000-level
(Highlights/Business News)
... ngth and most of the stocks closed up on better earning prospects and possibility of hike in cement prices in January 2014. Engro Corp. and EFoods continued the upside ahead of the Initial P ...
Friday, 13 December 2013
16. Gas tariff hike next month on IMF demand
(Highlights/Business News)
... no change for domestic consumers. He said that because of gas shortage the compressed natural gas (CNG) sector in Khyber Pakhtunkhwa would be closed for a month this winter, while supply to the sector ...
Friday, 13 December 2013
... important 1,800 level for the first time Friday. The Dow also closed at another record high, a day after it broke the key 16,000 level. The S&P 500 added 0.50 per cent, while the Dow climbed 0.34 ...
Monday, 25 November 2013
18. Strike causes congestion at ports
(Highlights/Business News)
... movement came to a standstill, a large number of containers and a huge quantity of loose cargo have accumulated inside port areas, official sources told Dawn. Sources disclosed that the two container ...
Saturday, 16 November 2013
19. Slow growth in tax base
(Highlights/Business News)
... , FBR official spokesperson and member FATA, Ms. Riffat Shaheen Qazi disclosed to media that only 11,000 notices were received by the people, while the rest around 20,000 got returned to FBR undeliver ...
Wednesday, 30 October 2013
20. Stocks fall 76 points on profit taking
(Highlights/Business News)
... wed weakness in general. Some of the major stocks though closed in green, including PPL, BoP, NML closed up on better results announcements. FFC, FCCL, MLCF were a few other stocks to go up. On ...
Wednesday, 30 October 2013
21. FBR, Nadra in tiff
(Highlights/Business News)
... n, the FBR statement said. A well-placed source in Nadra told Dawn the FBR had never contacted the authority before started sending notices to tax evaders. A source in the FBR disclosed that Na ...
Saturday, 26 October 2013
22. Drive to broaden tax net gets poor response
(Highlights/Business News)
... ted to collect around Rs66bn to Rs70bn in income tax from the buyers or investors of undisclosed immovable properties. He said that under the Section 236 (c) of Income Tax Ordinance 2001, seller ...
Friday, 25 October 2013
23. FBR eyes billions from DHA plot sales
(Highlights/Business News)
... ted to collect around Rs66bn to Rs70bn in income tax from the buyers or investors of undisclosed immovable properties. He said that under the Section 236 (c) of Income Tax Ordinance 2001, seller ...
Friday, 25 October 2013
24. Index settles above 22,000-level
(Highlights/Business News)
... crisis in US was resolved in the preceding week when market was closed for Eid holidays, the foreign flows had now started to pour in the KSE. The market trend for the first two days of this week is ...
Wednesday, 23 October 2013
25. Tullow sells assets to quit Pakistan
(Highlights/Business News)
... ne and a half year. The financial details of the sales-purchase agreement regarding the blocks and other assets between Tullow and Ocean Pakistan Limited have not been disclosed by both the com ...
Tuesday, 22 October 2013
26. Stocks jump 155 points on foreign buying
(Highlights/Business News)
... . On the oil & gas sector, PSO, POL and PPL were up 1.3pc, 1.6pc and 1.3pc respectively. However, the heavyweight OGDC closed down 0.9pc. On the banking sector, MCB was up 1.6pc and NBP rose 4.0p ...
Tuesday, 22 October 2013
KARACHI: The Karachi bourse remained extremely volatile, touching an intraday high of 23,062 points but closed about 400 points down. Selling pressure in global equity and currency markets and the ...
Wednesday, 28 August 2013
... d of the day 233 stocks closed higher, 87 declined while 42 remained unchanged. The value of shares traded during the day was Rs7.24 billion. For Engro, the announcement of listing its fertiliser divisi ...
Tuesday, 27 August 2013
29. UBL earnings fall with drop in core income
(Highlights/Business News)
Saturday, 24 August 2013
Saturday, 24 August 2013

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